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Nov 26, 2012
11/12
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KPIX
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they're expressing optimism about the prospect of reaching a deal to avoid the fiscal cliff but cbs reporter danielle hotting ham said they're also sounding some alarms. >> reporter: the senate returns today with just five weeks left to hammer out a deal to avoid the fiscal cliff. republican senator bob corker says lawmakers need to show some political courage to prevent tax increases and spending cuts from taking effect january 1st. >> there's a menu of options on the revenue side and on the entitlement side, and while there are two parties, they are willing to solve this problem, this is a very easy thing to do technically. >> reporter: republicans are hinting they may be open to a compromise that raises revenue but many are still firm they won't let bush-era tax cuts expire for the wealthiest americans. >> i would be very much opposed to raising tax rates but i do believe we can close a lot of loop holes. >> reporter: democrats say just closing loop holes and limiting deductions is not enough to make a dent in the nation's $16 trillion deficit. >> you've got to raise additional revenues,
they're expressing optimism about the prospect of reaching a deal to avoid the fiscal cliff but cbs reporter danielle hotting ham said they're also sounding some alarms. >> reporter: the senate returns today with just five weeks left to hammer out a deal to avoid the fiscal cliff. republican senator bob corker says lawmakers need to show some political courage to prevent tax increases and spending cuts from taking effect january 1st. >> there's a menu of options on the revenue side...
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Dec 27, 2012
12/12
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KTVU
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house republicans tossed the fiscal cliff problem to the senate today. saying once the senate has a plan congress can go forward. john fowler investigated some of the latest moves and joins us live with what could happen a week from today. john? >> reporter: do mog, we get deep spending cuts and across- the-board tax hikes. con shull staffers told me -- congressional staffers told me today, expect a bumpy ride of the halls of power empty, although negotiateders and the president are back at work. >> at the very least let's agree right now on what we already agree on. >> reporter: an olive branch to the gop and carrot to corporate giants, including the bay area's google and apple. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loop holes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are concerned because they're not sure the extent to which exemptions would be eliminated. >> reporter: wells capital management senior economist gary slosberg is optim
house republicans tossed the fiscal cliff problem to the senate today. saying once the senate has a plan congress can go forward. john fowler investigated some of the latest moves and joins us live with what could happen a week from today. john? >> reporter: do mog, we get deep spending cuts and across- the-board tax hikes. con shull staffers told me -- congressional staffers told me today, expect a bumpy ride of the halls of power empty, although negotiateders and the president are back...
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Dec 3, 2012
12/12
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KRON
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eye 133
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there 28 days into the fiscal cliff. if the combination of automatic tax increases, as spending cuts that will kick in if congress does not act. if president obama and republicans appear to be playing a game of political chicken. if the president put out a proposal for 1.6 trillion and higher taxes over the next 10 years. he is also proposing 600 billion in spending cuts and 200 billion in new spending to stimulate the economy. house speaker and republican leader john bonner says that the president's plan is in serious. treasury secretary tim geithner is criticizing republicans say that they have no plan. as of right now. we are nowhere on the fiscal cliff. >> 3 you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going t
there 28 days into the fiscal cliff. if the combination of automatic tax increases, as spending cuts that will kick in if congress does not act. if president obama and republicans appear to be playing a game of political chicken. if the president put out a proposal for 1.6 trillion and higher taxes over the next 10 years. he is also proposing 600 billion in spending cuts and 200 billion in new spending to stimulate the economy. house speaker and republican leader john bonner says that the...
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Nov 27, 2012
11/12
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KTVU
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cliff. republicans are pressing the white house for a list of long- term spending cuts. democrats still want to raise income taxes on the rich. so far there is little outward signs the two sides are are closer to heading off the automatic tax increases and spending cuts economists have said could push the economy into another recession. the dow dropped 42 points today. the nasdaq was up by 9. the s&p closed by by 2. >>> a carbon monoxide scare that sent four people to the hospital in san francisco may have been a false alarm. for instance fire facers were called to a -- san francisco firefighters were called to a home last night where several family member complained of being sick and said they heard a fire alarm. thirteen people, including small children, were taken to the hospital, and some were found to have elevated levels of carbon monoxide, but pg & e found no gas leaks in the home. officials say it can be caused by smoking cigarettes. the >>> a fake press release stating that google h
cliff. republicans are pressing the white house for a list of long- term spending cuts. democrats still want to raise income taxes on the rich. so far there is little outward signs the two sides are are closer to heading off the automatic tax increases and spending cuts economists have said could push the economy into another recession. the dow dropped 42 points today. the nasdaq was up by 9. the s&p closed by by 2. >>> a carbon monoxide scare that sent four people to the hospital...
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Dec 27, 2012
12/12
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KRON
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. >> we edge closer to the fiscal cliff it will quick end in just five days if congress does not act. there is no sign of compromise between democrats and republicans. president obama has cut his vacation short and is returning to the white house now. without a budget agreement automatic tax increases for everyone and deep spending cuts will be triggered and the new year. the main dispute continues to be over taxes. americans filing unemployment last week as dropped to 350,000. futures are up right now. a letter from treasury secretary tam geithner to congress sent after the bell yesterday may also weigh on the markets. >> the woman accused of killing a grandmother and a drunk driving accident at the twin peaks without has made her first court appearance. 23 year old gina eunice is accused of a hit and run drunken-driving in vehicular manslaughter. the accident occurred three people and killed 56 year old yuee byao who was here visiting her new grandchild from china. the judge set the bail at $2 million. if she posted she must wear a scram device that checks to make sure she is not dr
. >> we edge closer to the fiscal cliff it will quick end in just five days if congress does not act. there is no sign of compromise between democrats and republicans. president obama has cut his vacation short and is returning to the white house now. without a budget agreement automatic tax increases for everyone and deep spending cuts will be triggered and the new year. the main dispute continues to be over taxes. americans filing unemployment last week as dropped to 350,000. futures...
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Dec 5, 2012
12/12
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KPIX
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eye 181
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president obama comes out swinging over the fiscal cliff fight saying republicans are out of balance. >>> this year's flu virus is causing major problems.
president obama comes out swinging over the fiscal cliff fight saying republicans are out of balance. >>> this year's flu virus is causing major problems.
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Dec 4, 2012
12/12
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KPIX
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eye 136
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the latest round of "fiscal cliff" negotiations. the republican proposal includes cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president and republicans can't come to a compromise, everyone's taxes will go up january 1. government spending will be slashed. >>> the dow lost 60. the nasdaq was down 8, s&p down 7. >>> the storms that blew through the bay area brought down many trees and that's meant a hard lesson for homeowners who were cleaning up today. cbs 5 consumerwatch reporter julie watts explains your insurance doesn't always cover fallen trees. julie. >> reporter: something many are likely learning following this weekend's storm. we received photos from across the bay area of downed trees on
the latest round of "fiscal cliff" negotiations. the republican proposal includes cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president...
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261
Dec 5, 2012
12/12
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KPIX
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eye 261
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we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter
we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could...
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Dec 4, 2012
12/12
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KPIX
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counter plan to avoid that "fiscal cliff." >> republicans need to acknowledge it that that's the only way to get from here to there. >> from across the bay to around the world -- >> obviously, we want a family so we have to start thinking about that. >> -- the stories that matter on "eyewitness news this morning." ♪ [ music ] >>> good morning. it's tuesday, december 4. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it's 5:31 on this tuesday. muni service back to normal on market street this morning. power was just restored to the subway. last night service was shut down for hours. cate caugiran joins us now. >> reporter: they had their hands full yesterday michelle and frank. but i just spoke with a muni spokesman on the phone who told me in terms of the morning commute, they are happy to say that again all trains are back up and running an service has been fully restored. now this is because crews were working well into the night to restore power to all of those underground transit stations. now, all trains were stopped just before 6:00 last night. muni says the melt yo
counter plan to avoid that "fiscal cliff." >> republicans need to acknowledge it that that's the only way to get from here to there. >> from across the bay to around the world -- >> obviously, we want a family so we have to start thinking about that. >> -- the stories that matter on "eyewitness news this morning." ♪ [ music ] >>> good morning. it's tuesday, december 4. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it's...
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Dec 5, 2012
12/12
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FOXNEWSW
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you had to deal with the bad republican hand on the fiscal cliff now for better part of a month. this is something to look forward to. that you have two republicans leading the party of this stature and capability. who are movement conservatives in the sense they're both intellectuals. to get these issues viscerally this is something to put you in a good mood. >> bret: rubio talked about the middle class. ryan talked about lifting people out of poverty. different messages than we heard on the campaign trail this past year. >> rub row also seemed to be sort of disagreeing with mitt romney's argument a little bit. the 47% people who just want hand-outs. kind of a thing. which he disagreed with before. it's interesting because i think it's reprehensible message. i also, i wonder where jeb bush fits in to this also. i can't speak to that since i'm not a conservative but i think he would be one of leading contenders along with these two gentlemen. >> charles? >> i share steve's optimism. we are looking at the future of the party. generational change. the goldwater republicans and the
you had to deal with the bad republican hand on the fiscal cliff now for better part of a month. this is something to look forward to. that you have two republicans leading the party of this stature and capability. who are movement conservatives in the sense they're both intellectuals. to get these issues viscerally this is something to put you in a good mood. >> bret: rubio talked about the middle class. ryan talked about lifting people out of poverty. different messages than we heard on...
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Dec 26, 2012
12/12
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FBC
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my personal view he does not want an agreement with republicans, he wants us to go over the fiscal cliff because republicans will get flamed and we will have a different scenario with the lowest rate not being 10%, but 15%, top rate of 35 to 40%, 42. and then tax cuts. david: the responsibility of political purposes is astounding to me. the only contradicting what he said a year ago, but got taken the advice of some of the top economic advisors that will go into recession. >> it is astounding. they also applies going over the fiscal cliff for that very reason. they want top tax rates to go up and are focusing on rates rather than revenue. we would have lower revenue took away some of these deductions. david: if we go into a recession, we will get far less revenue, nothing kills revenue coming into the treasury like a recession. there is no dispute about it. if you want to lose 100, $200 in tax revenue you go into a recession. all the money he thinks he's going to get from rich people by hiking the tax rate will be lost, double lost by going into a recession. >> that is exactly right. tha
my personal view he does not want an agreement with republicans, he wants us to go over the fiscal cliff because republicans will get flamed and we will have a different scenario with the lowest rate not being 10%, but 15%, top rate of 35 to 40%, 42. and then tax cuts. david: the responsibility of political purposes is astounding to me. the only contradicting what he said a year ago, but got taken the advice of some of the top economic advisors that will go into recession. >> it is...
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Dec 25, 2012
12/12
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KICU
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cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii
cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that...
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Nov 28, 2012
11/12
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KGO
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cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would end. one scientist has been answering countless letters ab
cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over...
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Nov 14, 2012
11/12
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KRON
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eye 171
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a fiscal cliff. the president will meet with top american ceos to get their thoughts. on tuesday labor leaders went to the house to discuss a tax increase unless congress compromises. >> the president like we are his committed to preserving the tax breaks for the middle class and making sure rich people pay their fair share. >> if things do not change the tax cuts will expend for middle income americans in january. the estimated house will face a tax increase of $3,500. >> thinking a refund may not be a possibility for some people will use the money to take care of the expenses. that would be tough. >> democrats want higher taxes on the wealthy and keep the current tax rate for the middle class. republicans want to cut government spending. a new poll shows that lawmakers are too far apart. have think congress will not reach a deal. i'm martha shane reporting. >> nancy pelosi will announce her plans later this month. she has scheduled a news conference to discuss what she will stay on as the democrati
a fiscal cliff. the president will meet with top american ceos to get their thoughts. on tuesday labor leaders went to the house to discuss a tax increase unless congress compromises. >> the president like we are his committed to preserving the tax breaks for the middle class and making sure rich people pay their fair share. >> if things do not change the tax cuts will expend for middle income americans in january. the estimated house will face a tax increase of $3,500. >>...
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Nov 8, 2012
11/12
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KNTV
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in congress, urging them to compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced its second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are severe and the tax increases are severe. and so we've got to find a path forward. >> reporter: on capitol hill, leaders signaled compromise. >> compromise is not a dirty word. i want to work together. but i want everyone to also understand, you can't push us around. >> i'm not suggesting we compromise on our principles. but i am suggesting that we commit ourselves to creating an atmosphere where we can seek common ground where it exists. >> reporter: post-election, the same president, the same balance of power in congress and the same problem that divided a nation. tracie potts, nbc new
in congress, urging them to compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced its second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are...
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Dec 25, 2012
12/12
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KTVU
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cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii
cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that...
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Dec 31, 2012
12/12
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KTVU
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. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promi
. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain...
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Nov 16, 2012
11/12
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KNTV
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coming up, the president meeting with congressional leaders today to try and avoid that fiscal cliff. hear what republicans right now are saying about a possible compromise this morning. >>> and a showdown between two bay area tech giants is about to go down. details coming up in a live report. >>> just in to our newsroom this morning, say goodbye to twinkies and ding dongs. hostess is going out of business. the maker of zichlt ngers and wonder bread have said striking workers have refused an ultimatum to return to work by the end of the day so the company is moving forward with a full shutdown. hostess employs 18,000 people. an american tradition. >> that is crushing news. we'll see if someone swoops in to buy them up. >>> google getting ready to take on apple's mapping system. >>> plus superstorm sandy and the fiscal cliff doing a number on the stock prices. for that and more we turn it over to seema mody for all of your business news. seema, good morning. >> reporter: everything you need. very good morning to you, guys. let's take a look at the markets first. futures lower after st
coming up, the president meeting with congressional leaders today to try and avoid that fiscal cliff. hear what republicans right now are saying about a possible compromise this morning. >>> and a showdown between two bay area tech giants is about to go down. details coming up in a live report. >>> just in to our newsroom this morning, say goodbye to twinkies and ding dongs. hostess is going out of business. the maker of zichlt ngers and wonder bread have said striking workers...
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Nov 9, 2012
11/12
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KPIX
tv
eye 78
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cliff." if congressional democrats and republicans don't reach a budget deal by the end of the year the bush-era tax cuts will expire. deep across the board spending cuts will kick in. for now the vice president joe biden and many others in washington are expressing confidence that it can be avoided. >> we're determined not to go over the cliff. i think better heads will prevail. >> nonpartisan congressional budget office predicts the "fiscal cliff" would send the unemployment rate skyrocketing above 9% next year. >>> those types of concerns are showing up in the world market this morning. major asian and european markets are down today following two rough days for the dow, nasdaq and s&p 500 here at home. u.s. futures are also down this morning. investors also are concerned about europe's debt crisis. >>> new rules could mean shorter lines at gas stations in new york. police are at gas stations today to enforce a new fuel rationing plan. it lets people fill up their cars every other day depe
cliff." if congressional democrats and republicans don't reach a budget deal by the end of the year the bush-era tax cuts will expire. deep across the board spending cuts will kick in. for now the vice president joe biden and many others in washington are expressing confidence that it can be avoided. >> we're determined not to go over the cliff. i think better heads will prevail. >> nonpartisan congressional budget office predicts the "fiscal cliff" would send the...
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Nov 29, 2012
11/12
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KNTV
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fiscal cliff at the end of the year. but republicans are resisting any move that could end up raising taxes on the rich. we have the latest from washington. >> reporter: he says he wants a deal soon to cut spending but president obama is demanding republicans vote now to prevent the worst fall off the fiscal cliff, tax hikes on 98% of americans. >> the first job is to make sure tax on middle class families don't go up and since we all agree on this we should get that done. >> reporter: house democrats agree. >> if we can get a few house republicans to agree, as well, i will sign this bill. >> reporter: republican tom cole got on board. >> we all agree that we are not going to raise taxes on people that make less than $250,000. >> reporter: house speaker john boehner says no. once tax breaks get blocked democrats can go home for the holidays and on january 1 tax rates rise automatically for the top 2%. worried ceos came to capitol hill saying congress has to avoid the cliff. >> entitlements have to be touched and revenues
fiscal cliff at the end of the year. but republicans are resisting any move that could end up raising taxes on the rich. we have the latest from washington. >> reporter: he says he wants a deal soon to cut spending but president obama is demanding republicans vote now to prevent the worst fall off the fiscal cliff, tax hikes on 98% of americans. >> the first job is to make sure tax on middle class families don't go up and since we all agree on this we should get that done. >>...
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Dec 6, 2012
12/12
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KTVU
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during a fla tla debate on the fiscal cliff today, the house will not adjourn for the holidays until they have reach add deal. >>> on wall street today it was a mixed day on the market. the dow jump td almost 83 points t. nasdaq fell about 23 points and the s & p 500 was up a little more than two points. >>> anger over action by egypt's new president turned into another violent protest today outside the presidential pals a. there are reports some demonstrators broke through barbed wire and hurled chairs and rocks at police and that people in support of the president beat some protesters with clubs. president morsey angered many people with the decree last month that gave him more power. secretary of state hilary clinton said today the unrest shows an urgent need for dialogue on both sides. >>> the u.s. state department confirmed today it is looking into reports that syrian president may be seeking asylum in another country. reportedly president is look to latin america for asylum for his family and members of his inner circle. the priority right now is ending the 21-month-long violen
during a fla tla debate on the fiscal cliff today, the house will not adjourn for the holidays until they have reach add deal. >>> on wall street today it was a mixed day on the market. the dow jump td almost 83 points t. nasdaq fell about 23 points and the s & p 500 was up a little more than two points. >>> anger over action by egypt's new president turned into another violent protest today outside the presidential pals a. there are reports some demonstrators broke...
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Nov 15, 2012
11/12
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KQED
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get underway to avoid the fiscal cliff. as darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. >> reporter: just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. in his news conference, he pushed hard for an immediate extension of tax cuts for everyone making less than $250,000 a year. >> and by the way, that means every american, including the wealthiest americans get a tax cut. it means that 98% of all americans, and 97% of all small businesses won't see their taxes go up a single dime. the senate has already passed a law like this. democrats in the house are ready to pass a law like this and i hope republicans in the house come on board too. >> reporter: republicans said again they would be willing to raise more tax revenue by closing loopholes or limiting deductions. but those revenues had to be matched with cuts in entitlement programs. >> until you make our entitlement programs
get underway to avoid the fiscal cliff. as darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. >> reporter: just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. in his news conference, he pushed hard for an immediate extension of tax cuts for everyone making less than $250,000 a year. >> and by the way, that means every american, including...
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Dec 16, 2012
12/12
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KGO
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as lawmakers here and the president grapple with ways to avoid the impending fiscal cliff a top republican offered to raise income taxes on americans earning more than $1 million a year. >>> the move by house speaker john boehner as a concession in negotiations with president obama to avoid the fast approaching end of temporary tax cuts. but the offer falls far short of the president's demand for an increase on household earnings more than 250,000 dollars. while the news suggests a possible break through in the stand off standoff to reduce the may gos's huge debt problem a spokesman for boehner says a deal is not eminent. >>> there are so many lirnging questions from friday's school shooting in connecticut abc this week has assembled a team of political leaders in connecticut to try to answer them. can any measures protect from mass shootings in the future? how will officials respond? the senators join george stephanopolis coming up. don't miss this special edition of this week with george this morning at 8:00 right here on abc 7. >>> is the entire weekend going to be a washout in you have
as lawmakers here and the president grapple with ways to avoid the impending fiscal cliff a top republican offered to raise income taxes on americans earning more than $1 million a year. >>> the move by house speaker john boehner as a concession in negotiations with president obama to avoid the fast approaching end of temporary tax cuts. but the offer falls far short of the president's demand for an increase on household earnings more than 250,000 dollars. while the news suggests a...
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Nov 28, 2012
11/12
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KNTV
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with the fiscal cliff looming, republicans accusing the president of turning this into a pr campaign. we'll go live to washington with what the republicans are doing to fight back. >>> live look in san francisco this morning. big storming headed our way. it's going to last throughout the weekend. all headed our way for the morning commute as well. a rough morning ahead. our team coverage of the storm continues next. >>> it is 5:41 right now. we can tell you temperatures are flaring out on capitol hill right now in a fight. tracie potts live on capitol hill with the latest. >> two questions today, what's going on behind the scenes. top democrat on the senate side says not a lot. what's going on in front of the cameras? today at the white house, middle class families telling their stories. what would happen if they had to pay another 2200 dollars in taxes next year. president obama meeting with big business ceos. we're talking companies you'd recognize. republicans meeting with top ceos, pushing their side of things. now, republicans also criticizing the president for a trip that he has
with the fiscal cliff looming, republicans accusing the president of turning this into a pr campaign. we'll go live to washington with what the republicans are doing to fight back. >>> live look in san francisco this morning. big storming headed our way. it's going to last throughout the weekend. all headed our way for the morning commute as well. a rough morning ahead. our team coverage of the storm continues next. >>> it is 5:41 right now. we can tell you temperatures are...
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Nov 26, 2012
11/12
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KPIX
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cliff. susan mcginnis is in washington with what republicans and democrats now say they are willing to do to reach a deal. >> reporter: president obama and congress begin negotiations this week to avoid are the coming fiscal cliff, about $6 billion in tax hikes and spending cuts that will kick in. both sides say they're looking for ways to compromise. >> that's what it's about, if regan and o'neill can do it, obama should be able to do it. >> reporter: but republicans have consistently voted against any deal that raises tax revenue. >> the key is whether or not the republicans will move away from the id logically rigid tradition which was the grove pledge that they will not go for additional revenue. >> reporter: for the first time the antitax pledge seems to be negotiable. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid the coming grief and republicans should put revenue on the table. >> reporter: but new revenue doesn't necessarily mean ne
cliff. susan mcginnis is in washington with what republicans and democrats now say they are willing to do to reach a deal. >> reporter: president obama and congress begin negotiations this week to avoid are the coming fiscal cliff, about $6 billion in tax hikes and spending cuts that will kick in. both sides say they're looking for ways to compromise. >> that's what it's about, if regan and o'neill can do it, obama should be able to do it. >> reporter: but republicans have...
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Nov 26, 2012
11/12
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KNTV
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back to work for congress as it tries to avoid the so-called fiscal cliff. republicans and democrats have signed and signalled they may be ready to compromise on a hot button issue like tax increases. if a budget deal is not reached by the end of december, automatic tax increases and spending cuts will kick in. >>> the u.s. supreme court justices will decide this week whether to hear a case challenging the defense of marriage act, which prohibits the government from recognizing same-sex marriages. a married lesbian couple from san francisco is suing because they cannot share benefits on an employer-sponsored health care plan. >>> online retailers hope consumers will get online today for cyber monday. the research firm predicts americans will spend $1.5 billion on this cyber monday, which could be a 20% jump from last year. just don't get yourself fired if you're working. >> thanks for joining us. we'll have a local upday at 7:25. okay. >>> good morning. point, click, buy. americans expected to spend $1.5 billion today shopping online. we'll tell you why this
back to work for congress as it tries to avoid the so-called fiscal cliff. republicans and democrats have signed and signalled they may be ready to compromise on a hot button issue like tax increases. if a budget deal is not reached by the end of december, automatic tax increases and spending cuts will kick in. >>> the u.s. supreme court justices will decide this week whether to hear a case challenging the defense of marriage act, which prohibits the government from recognizing...
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Dec 19, 2012
12/12
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KICU
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leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie brown episode. they jerk the ball away. >> reporter: president obama's latest officer would raise taxes on families making more than $400,000 a year and would cut spending by $850 billion. analysts say investor optimism about a deal to avoid the fiscal cliff pushed stocks higher today on wall street. dough isup 115 points. nasdaq was up 43 points. >>> instagram just posted a rule that indicated the company policy would allow instagram to sell photos posted by users. however today instagram said it would modify specific parts of its policy and the company has no intentions of using the users photo
leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie...
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Nov 26, 2012
11/12
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KPIX
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. >> the fiscal cliff sparks talks of compromise on capitol hill. >> without a deal spending consults and tax increases will kick in at year's end likely sending the country into another recession. >>> several republicans back away from a tax increase. >> if congress does nothing, which congress has gotten pretty good at doing these days we'll go over the fiscal cliff. >> we have to show the world we're adults. the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into the -- 6. >> anybody w
. >> the fiscal cliff sparks talks of compromise on capitol hill. >> without a deal spending consults and tax increases will kick in at year's end likely sending the country into another recession. >>> several republicans back away from a tax increase. >> if congress does nothing, which congress has gotten pretty good at doing these days we'll go over the fiscal cliff. >> we have to show the world we're adults. the election's over. president obama won....
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Dec 1, 2012
12/12
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KRON
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. >> when the treasury secretary issued the proposal to avoid the fiscal cliff to republicans that they laughed. house speaker stated that bulls then the revenue over the next decade would be a crippling blow to the economy. >> let's not kid ourselves. the country cannot afford nor should we try to think in terms of this. >> the key sticking point is taxes. the democrats want to extend the bush cuts. republicans do not want to a tax rate increases on anyone period. they hope that by the president coming out to talk to the public that this will help congress make a decision. with just 32 days before the tax hikes there are as you signs of progress. >> still ahead on kron 4 news weekend. we are continuing to follow the storm. we will have a live report from milk valley and conditions there. let's take a live look at the san mateo bridge. the traffic is moving okay. >> some breaks de and snowboarding conditions are in the sierra this weekend. if these pictures were sent to us from north star resorts. this is the power both ski trail at north star. the resort got 12 in. of new snow thursday
. >> when the treasury secretary issued the proposal to avoid the fiscal cliff to republicans that they laughed. house speaker stated that bulls then the revenue over the next decade would be a crippling blow to the economy. >> let's not kid ourselves. the country cannot afford nor should we try to think in terms of this. >> the key sticking point is taxes. the democrats want to extend the bush cuts. republicans do not want to a tax rate increases on anyone period. they hope...
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Nov 30, 2012
11/12
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KPIX
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fiscal cliff. >> republicans call it an insulting joke. >> the biggest stumbling block remains, new taxes on the wealthiest americans. >> that's what the president suggested. >>> ladies and gentlemen, the fiscal -- cliff! >> lottery officials will introduce the holder of one of the two winning jackpot tickets today. >> i'm very happy for him. he has worked very hard in his life and won't have to any more. >> the other big winner in arizona remains a mystery. >> the ticket holder may be all the way across this country in maryland. surveillance video shows a man who purportedly just found out that he wan on. >> now asking that person to come forward, show his ticket and bring your papers. >> lindsay lohan went to jail just to stay dry. >> whipped out his membership card. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely hu
fiscal cliff. >> republicans call it an insulting joke. >> the biggest stumbling block remains, new taxes on the wealthiest americans. >> that's what the president suggested. >>> ladies and gentlemen, the fiscal -- cliff! >> lottery officials will introduce the holder of one of the two winning jackpot tickets today. >> i'm very happy for him. he has worked very hard in his life and won't have to any more. >> the other big winner in arizona remains a...
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Nov 16, 2012
11/12
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KRON
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cliff. capitol hill's top democrats and republicans will be hauling with the president to see if they can make progress for a deal on taxes and spending. this time the talks assume a new urgency because the clock is ticking. the deadline is set to run out at the end of this calendar year with the automatic tax hike in spending cuts constituting the fiscal cliff will take effect. they have less than two weeks to get it done. we will take a quick break. we will be back with more than a minute. if we can't let us go outside. i think we have a live look at the golden gate bridge. that is pablo the wettest shot we have this morning. and more on the way the storm tracker for his got a lot of green out there in erica will break it down for us coming up in a bed and will be right back. we are back. it is for:44 there is--4:44. >> you have seen it before it is the annual event where adoptable animals are showcased in the macy holiday windows in union square. the thing with the windows will be iconic
cliff. capitol hill's top democrats and republicans will be hauling with the president to see if they can make progress for a deal on taxes and spending. this time the talks assume a new urgency because the clock is ticking. the deadline is set to run out at the end of this calendar year with the automatic tax hike in spending cuts constituting the fiscal cliff will take effect. they have less than two weeks to get it done. we will take a quick break. we will be back with more than a minute. if...
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Dec 27, 2012
12/12
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KOFY
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no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that doesn't happen, most believe taxes will go up next year. >> one of the things that is being floated right now is people are advising people to get out of dividend paying funds, high dividend yield funds and move more into tax exempt bonds and things like that tha
no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may...
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Dec 5, 2012
12/12
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WBAL
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. >> now to washington where president obama is warning republicans not to use the fiscal cliff as a borrowing limit. both sides seem to be digging in their heels with no move to avoid the fiscal cliff. fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a certain amount of revenue. >> we can't keep borrowing mown and raising taxes and expect the problem to go away. >> with no solution in sight the white house budget is now ordering the pentagon and other an an jencies to finalize their plan to avoid massive spending cuts. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next
. >> now to washington where president obama is warning republicans not to use the fiscal cliff as a borrowing limit. both sides seem to be digging in their heels with no move to avoid the fiscal cliff. fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a...
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Dec 5, 2012
12/12
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KRON
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. >> just 26 days until the fiscal cliff and the republicans and the white house seemed to of found some common ground. both sides agree that tax revenue and and reduction in entitlement spending in medicare are key elements in the deal. the republicans may be softening on raising taxes for the wealthiest americans. the white house may be bending on some greater spending cuts for medicare and raising the age from 65 to 67. they will be work meeting witlater on. >> if you can see the rain coming down, livermore is getting hammered. we will be right back. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, re
. >> just 26 days until the fiscal cliff and the republicans and the white house seemed to of found some common ground. both sides agree that tax revenue and and reduction in entitlement spending in medicare are key elements in the deal. the republicans may be softening on raising taxes for the wealthiest americans. the white house may be bending on some greater spending cuts for medicare and raising the age from 65 to 67. they will be work meeting witlater on. >> if you can see the...
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Dec 21, 2012
12/12
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KOFY
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revolt in the republican rank means no vote this evening on his plan b to avoid the year-end fiscal cliff. in a statement boehner says the house did not take up the tax measure today because it did not have sufficient support from our members to pass. boehner yanking his own legislation leaves the fiscal cliff negotiations in limbo would. 11 days before most every american see as tax increase. impact causing stock to slide in asia in friday trading. congressional chaos tops brutal day of political sniping even though democrat and republican may actually not be that far apart in negotiations chtd. more open had a part of the story from jonathan karl. >>reporter: bickering you would think they are miles apart. >> my proposal is right down the middle. >> his plan is not balanced. >> what we have from the speaker is a disaster plan. >> president has not come forward with that balance approach. >>reporter: but in reality the difference is just aren't that great. john boehner has now agreed to do something republicans had said was unthinkable. raise tax rates on the wealthy. difference? democra
revolt in the republican rank means no vote this evening on his plan b to avoid the year-end fiscal cliff. in a statement boehner says the house did not take up the tax measure today because it did not have sufficient support from our members to pass. boehner yanking his own legislation leaves the fiscal cliff negotiations in limbo would. 11 days before most every american see as tax increase. impact causing stock to slide in asia in friday trading. congressional chaos tops brutal day of...
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Dec 19, 2012
12/12
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KTVU
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leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie brown episode. they jerk the ball away. >> reporter: president obama's latest officer would raise taxes on families making more than $400,000 a year and would cut spending by $850 billion. analysts say investor optimism about a deal to avoid the fiscal cliff pushed stocks higher today on wall street. dough isup 115 points. nasdaq was up 43 points. >>> instagram just posted a rule that indicated the company policy would allow instagram to sell photos posted by users. however today instagram said it would modify specific parts of its policy and the company has no intentions of using the users photo
leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie...
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Dec 10, 2012
12/12
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KGO
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cliff. nurses in 10 states, including here in the bay area are holding a candlelight vigil tonight, president obama heads to detroit. in washington republicans and democrats remain far from a deal. a slight ray of hope, as mr. obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years. federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather. >>> 68 in santa rosa, going to be well above average by four to eight degrees. good morning. fairfield six mile visibility, santa rosa 1 and 3/4 everybody else unlimited. land breeze keeping clouds out over the coast. coolest inland where we have the 40s, except napa 51 around the bay and coast in
cliff. nurses in 10 states, including here in the bay area are holding a candlelight vigil tonight, president obama heads to detroit. in washington republicans and democrats remain far from a deal. a slight ray of hope, as mr. obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years....
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Dec 27, 2012
12/12
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KGO
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cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut. gun groups believe teachers can act more quickly than law enforcement in those critical first minutes to protect children. >>> gun buy-back event in los angeles is being called a huge success, you can see why. people in their cars lined up for miles yesterday to turn in their firearms. event is held once a year and takes place in the spring, the mayor moved it up to take advantage of the outrage over the connecticut school massacre, the city gave away up to $200 in grocery gift cards. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the inte
cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut....
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Nov 10, 2012
11/12
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MSNBCW
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and i think we will see a deal on the fiscal cliff. but republicans have to hold strong. that's where they've lost their way, especially in that last election. >> it seems candidates like richard mourdock, today akin were gifts to the democrats. they came essentially from the tea party. how should mainstream republicans deal with this? >> they have to call out folks like that and they have to say what they said was wrong, and they also have to start saying we as a party what we need to say is that it's okay to agree 80% of the time and disagree 20% of the time like ronald reagan said. the 20% disagreement is okay as long as we're standing strong on the 80%. >> morris on a scale of say 1 to 10, how big of a mandate was this for the president and the democratic party. or could democrats overinterpret the results and overplay their hand? >> listen, there's always a chance of overreaching. but anytime that a president is re-elected to a second term it's very clear that the american people are voting for that president on his given stance. it is very clear about what the presi
and i think we will see a deal on the fiscal cliff. but republicans have to hold strong. that's where they've lost their way, especially in that last election. >> it seems candidates like richard mourdock, today akin were gifts to the democrats. they came essentially from the tea party. how should mainstream republicans deal with this? >> they have to call out folks like that and they have to say what they said was wrong, and they also have to start saying we as a party what we need...
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Dec 11, 2012
12/12
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KGO
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country goes over that fiscal cliff, california has an awful lot to loose. more than other states, in fact. >> washington is sounding like sacramento these days waiting until the last minute to reach a deal, a trigger cuts if one isn't reached. as washington waits to come up with a deficit reduction, it's becoming clear california has a lot at stake if the fiscal cliff isn't averted. the state could lose $4.5 billion in federal funds. the legislative analyst office estimates the budget may shrink by $11 billion over two years. >> people think the economy would be drawn into recession. just like any recession that would affect state economy, revenues and result in billions of less tax revenue for the state.@sh >> southern california could be hit hard. a loss of 135,000 jobs last year. another recession is the last thing they want. they're urnling leaders to come to an agreement. >> if it continues to slow as much as it is now, it's fine, if at all. >> because voter as prove td prop 30,i sales tax will go up one quarter of a percent. high wage earners will ar
country goes over that fiscal cliff, california has an awful lot to loose. more than other states, in fact. >> washington is sounding like sacramento these days waiting until the last minute to reach a deal, a trigger cuts if one isn't reached. as washington waits to come up with a deficit reduction, it's becoming clear california has a lot at stake if the fiscal cliff isn't averted. the state could lose $4.5 billion in federal funds. the legislative analyst office estimates the budget...
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Nov 18, 2012
11/12
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KBCW
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cliff. president obama urged congress to take action. the president said he had a constructive meeting with congressional leaders. republicans insist that reforms to entitlements must be considered. the stock market its first gain in four days. even with more shopping days this year, during the holiday season it's hard to find the spirit of christmas when the fiscal cliff looms over. retailers are trying new strategies to bring out shoppers. >> reporter: as in years past with elbows sharpened and smart phones in hand, shoppers are getting primed for black friday. the most analyzed day of the retail year and the holiday season opener. the good news for retailers, an early thanksgiving means the season is longer with 33 shopping days. but the economy is still sluggish and washington atmospherics have rattled consumers. >> retailers are concerned. in a recent survey, 72% of consumers say they were changing their shopping patterns as a result of the uncertainty over the situation. >> reporter: a
cliff. president obama urged congress to take action. the president said he had a constructive meeting with congressional leaders. republicans insist that reforms to entitlements must be considered. the stock market its first gain in four days. even with more shopping days this year, during the holiday season it's hard to find the spirit of christmas when the fiscal cliff looms over. retailers are trying new strategies to bring out shoppers. >> reporter: as in years past with elbows...
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cliff that could plunge the economy back into resection. the president will ask republicans and democrats to work together. he will speak from the white house at 10:00 this morning, our time, about tax increases and spending cuts that will come automatically if congress doesn't act before january 1st. more coming up in the next half hour. >>> new report shows bay area job market should expand more quickly. the bay area -- job totals should expand by 7.2% overall. professional and business services will grow the most quickly over two years. education and health care are expected to grow by 10%, leisure and hospitality will expand by 9%. the only bay area job losses are expected to come from government agencies. >>> moraga school board president has abruptly resigned hours after winning reelection tuesday. the district superintendent e-mailed parents last night about the resignation, effectively immediately. the school district has been receiving criticism over its handling of a sex abuse lawsuit. kristen cunnane is suing for the covering up
cliff that could plunge the economy back into resection. the president will ask republicans and democrats to work together. he will speak from the white house at 10:00 this morning, our time, about tax increases and spending cuts that will come automatically if congress doesn't act before january 1st. more coming up in the next half hour. >>> new report shows bay area job market should expand more quickly. the bay area -- job totals should expand by 7.2% overall. professional and...
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Dec 19, 2012
12/12
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KTVU
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. >> congressional republicans offered a plan solution to the fiscal cliff crisis. >> i continue to have hope that we can reach a broader agreement with the white house that would reduce spending as well as have revenues on the table. >> john boehner said he believes -- house speaker john boehner says he believes a compromise is possible, but just in case he plentied plan b today. it would only raise taxes on americans who earn more than a million dollars a year and would make $1 trillion in spending cuts. president obama's newest offer would raise taxes on families making more than $400,000 and would cut spending by $850 billion. democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie brown episode. they jerk the ball away. >> ban plan b faces opposition within its own party. conservative republicans indicated they won't support any tax hike. we're now just two weeks from the fiscal cliff deadline when deep spending cuts and tax hikes for every
. >> congressional republicans offered a plan solution to the fiscal cliff crisis. >> i continue to have hope that we can reach a broader agreement with the white house that would reduce spending as well as have revenues on the table. >> john boehner said he believes -- house speaker john boehner says he believes a compromise is possible, but just in case he plentied plan b today. it would only raise taxes on americans who earn more than a million dollars a year and would make...
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Dec 17, 2012
12/12
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KPIX
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what republicans now putting on the table to avoid the "fiscal cliff." >> and repairs under way. what chevron is doing to prevent another fire at its richmond refinery. >> and mother nature putting on quite the show. why nearby neighborhoods are being put on high alert. ,,,,,,,,,,,, this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. capital. orange is the seco highest warning level. over the >>> ecuador issued an orange alert for towns nearbyists erupting volcano over the weekend. it experienced a moderate eruption and larger ones. burning rock, gas and ash. authorities continue to encourage residents living near the volcano to not live there right now. >> what is the last volcano to have erupted in california? >> the last volcano to have erupted in california. >> you can see it at the top of mount diablo. >> which is it? >> mount lassen 1914 to 1922. >> and then we're due again! [ laughter ] >> it won't
what republicans now putting on the table to avoid the "fiscal cliff." >> and repairs under way. what chevron is doing to prevent another fire at its richmond refinery. >> and mother nature putting on quite the show. why nearby neighborhoods are being put on high alert. ,,,,,,,,,,,, this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with...